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Title
news.
Abstract
The article reports developments in the textile industry. A restructuring plan that included consolidating and eliminating several high level staff positions was announced by the American Textile Manufacturers Institute. The Dow Chemical Co. and Reichhold Inc. formed a 50/50 joint venture as Dow Reichhold Specialty Latex LLC. The apparel fabrics group of Burlington Industries Inc. was reorganized as part of its restructuring under Chapter 11.